British Pound Shows Signs of Weakness
The downward pressure should continue, thereby pushing much lower over the next several months, perhaps to the end year. The GBP/USD currency […]
British Pound Continues to Look Lost
This market will continue to be very noisy in general, but it looks to me like it is still in a relatively […]
GBP/USD Forecast: British Pound Showing Volatility
From a longer-term perspective, you can make the argument that we have a situation where we have been very noisy and have […]
British Pound Struggles with Momentum
Position sizing will be crucial. The GBP/USD currency pair pulled back a bit Tuesday as we continue to see the British pound rally […]
Pound Breaks Above 50-Day EMA
I’m looking for an opportunity to fade this short-term bounce. The GBP/USD currency pair rallied a bit Monday to break above the […]
British Pound Ends Week Indecisively
Ultimately, fading signs of exhaustion will be what I am looking to do. The GBP/USD currency pair has been all over the […]
Pound Pulls Back As Recession Looms
Ultimately, this is a market that I think is binary at this moment in time, meaning that you are either buying or […]
GBP/USD Forecast: British Pound Awaits Fed
I do think at the very least, we are going to see a lot of back-and-forth, as the market grinds sideways in […]
The British Pound Has a Sideways Day
Each short-term rally will be a nice shorting opportunity as it allows you to pick up “cheap US dollars.” The GBP/USD currency […]
Pound Struggles in Same Area
We will see a continued hesitation to buy the British pound overall. The GBP/USD currency pair has rallied a bit Tuesday as […]
GBP/USD Forecast: British Pound Looks Threatened
This is a very noisy market like many others, but it does most certainly favor the US dollar. The British pound broke […]
British Pound Attempts to Recover
The US dollar will probably continue to strengthen. The British pound initially slid against the US dollar Friday but has recovered quite […]
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